Public Spending
The Briefing Room
00:00
Cutting Back Public Investment Could Drive Future Economic Growth
If you did that for all working age benefits, that could save about £7 billion a year. But it is politically difficult because that would mean taking money away compared to expectations from people on the lowest incomes. Boris Johnson had set the government on a course to much higher levels of public investment than we've been used to in recent decades. So cutting investment spending back wouldn't be unprecedented for the UK.
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